The Indian government has plans to incentivise electronic manufacturing in 8 cities.
Under the Modified Special Incentive Subsidy Scheme (M-SIPS), Ahmedabad, Aurangabad, Ghaziabad, Gandhinagar, Nagpur, Nashik and Thane have been picked to set up greenfield factories.
These incentives will be available for projects that come up within 10 years from approval, India’s Information Technology Minister Ravi Shankar Prasad said.
The Minister also said that government will setup greenfield electronic manufacturing clusters in Bhopal, Bhubaneshwar, Hyderabad, Maheshwaram, Bhiwadi, Jabalpur, Hosur and Kakkanad. (via)
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